Free Trial

Paring Gains Post Claims

US TSY FUTURES

Still moderately bid, Tsy futures paring back from pre-data highs following lower than estimated weekly claims (200k vs. 210k est) and continuing claims (1.309M vs. 1.340M). Yield curves holding flatter, 2s10s -1.740 at 24.075. Relatively modest volumes w/London out for two-day holiday. Wary eye on OPEC+ headlines from Vienna delegation. Next data drop at 1000ET:

  • Factory Orders (1.8% rev, 0.70%); ex-Trans (2.1% rev, --), 1000ET
  • Durable Goods Orders (0.4%, 0.4%); (ex-Trans (0.3%, 0.3%), 1000ET
  • Cap Goods Orders Nondef Ex Air (0.3%, 0.4%); Sipped (0.8%, --), 1000ET

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.